United Therapeutics Corporation vs Vericel Corporation: SG&A Expense Trends

Biotech Giants: SG&A Expense Trends from 2014 to 2023

__timestampUnited Therapeutics CorporationVericel Corporation
Wednesday, January 1, 201438128700013774000
Thursday, January 1, 201545261200022479000
Friday, January 1, 201631680000027388000
Sunday, January 1, 201733010000035610000
Monday, January 1, 201826580000049007000
Tuesday, January 1, 201933620000061139000
Wednesday, January 1, 202042390000068836000
Friday, January 1, 202146700000097592000
Saturday, January 1, 2022487000000106903000
Sunday, January 1, 2023477100000120998000
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In pursuit of knowledge

SG&A Expense Trends: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing operational costs is crucial for sustained growth. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of United Therapeutics Corporation and Vericel Corporation from 2014 to 2023. Over this period, United Therapeutics consistently outspent Vericel, with its SG&A expenses peaking at approximately $487 million in 2022, a 30% increase from 2014. In contrast, Vericel's expenses grew more dramatically, surging by over 800% from $13.8 million in 2014 to $121 million in 2023. This stark difference highlights the varying scales and strategies of these companies. While United Therapeutics maintains a steady growth trajectory, Vericel's rapid increase in expenses suggests aggressive expansion efforts. Understanding these trends provides valuable insights into each company's operational focus and market strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025